Five years ago Ford killed the GT, the mid-engine two-seater 550 HP "halo" supercar inspired by the automaker's classic GT40 racers of the1960s. Now we're told they might be working on a successor. Is Ford building a new GT? Yes, and it'll likely be a hybrid.

The Camilo Pardo-designed GT was Ford's first true attempt at competing with Chevrolet's Corvette — an aspirational "halo" car that could serve as a test bed for new technologies and engineering.

And what a marvel it was. The GT featured some seriously trick tech and engineering including superplastic-formed aluminum body panels, roll-bonded floor panels, a friction stir welded center tunnel, a "ship-in-a-bottle" gas tank, a capless fuel filler system, one-piece door panels, and an aluminum engine cover with a one-piece carbon-fiber inner panel.

Sadly, the GT would see only a two year production run from 2005 to 2006.

"Well I think there are certain things that we don't want to talk about in terms of four-year product plans, if that's okay," Kuzak carefully stated.

While that's clearly not a confirmation — it's not even close — it's also not a denial. The automaker clearly needs it. Since 2006, Ford's struggled with the question of what buyers can aspire to buy once the Ford and Lincoln brand have them in the dealership and happy with its products through multiple vehicle purchases.

Lincoln doesn't have anything with even a modicum of performance and it's hard to call the Mustang an "aspirational" car — even if tuners have proven there's a lot of performance capability in Ford's truck-axled muscle car.

So, is Ford working on a new GT? It'd be ridiculous to think that they're not at least examining the possibility of one. In fact, our bet from what our sources tell us? Think electric — or more likely, a hybrid.